Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The United States has demanded that buyers of Iranian oil stop purchases by the start of May or face sanctions.
Read More »OPEC Tries to Depoliticise Oil
Iran`s NITC Says No Oil Leak Caused by Its Tanker after Engine Failure
The tanker is now safe and no injuries have been reported so far.
Read More »Saudi Oil Exports below 7 Million bpd Till End of May
Saudi'.s oil production would be much lower than 10 million bpd until the end of next month.
Read More »Iran to Keep Exporting Crude Oil despite U.S. Pressure
If the United States is able to stop one method for Iran to export oil. then it will find other ways.
Read More »SOCAR`s New Petrochemical Investment to Operate by 2023
The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.
Read More »Trump Wants Cheap Oil. but ‘Saudis Need Higher Prices’
Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Oil Falls after Trump Urges Greater OPEC Output to Replace Iranian Oil
The cuts have been supported by some non-OPEC producers. most notably Russia.
Read More »The World Needs to Deal with Climate Change. Now
Energy-related carbon dioxide emissions in 2018 rose by 1.7% to 33.1 billion tonnes from the previous year.
Read More »Crude Oil Futures Lower on Trump Comments. Awaits Fresh Cues
The 21-mile Strait of Hormuz at the mouth of the Persian Gulf handles roughly 40% of global crude trade.
Read More »Iran Oil Clients to Find Ways of Resisting US Sanctions
The USA is declaring trading war against major economic entities like China and EU.
Read More »